This is an incredible opportunity to own and develop right in the middle of the growing western communities. With Royal Palm Beach to the East and all of the development to west such as Westlake and Wellington to the South you can not go wrong with this location. The site plan on just under 10 acres has already been approved through the Town of Loxahatchee Groves. The Commercial Zoning has already been approved. The approval is for 30,000 SF mixed use with 700 sq ft frontage on Okeechobee Blvd. Approved for a restaurant, a drive through restaurant and office buildings. The site plan drawings have been completed and the site is ready to build. If your looking for a project that is ready to go this is it.
This property is $6.8M more than the Median Sold Price in Loxahatchee Groves, FL.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Number: #RX-10566906
Listing Office:
Office Name: Reliant Realty ERA Powered
Office Phone: (561) 810-8379
Listing Agent: Kathryn Marie Davis
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2024 BeachesMLS, Inc.
This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/15/2024, 9:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$37.5K
Per Month
Principal & Interest
$37.4K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$22.5K
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
8
/10
Royal Palm Beach Elementary School
11911 Okeechobee Blvd
Distance between this listing and this school0.19 miles
Public District Grades KG-5
7
/10
Cypress Trails Elementary School
133 Park Rd N
Distance between this listing and this school1.05 miles
Public Magnet Grades KG-5
7
/10
H. L. Johnson Elementary School
1000 Crestwood Blvd N
Distance between this listing and this school1.97 miles
Public Magnet Grades PK-5
Nearby Schools
5
/10
Crestwood Middle School
64 Sparrow Dr
Distance between this listing and this school0.83 miles
Public Magnet Grades 6-8
10
/10
Western Academy Charter School
650 Royal Palm Beach Blvd Ste 30
Distance between this listing and this school1.95 miles
Public Charter Grades KG-8
6
/10
Somerset Academy of the Arts
1000 Wellington Trce
Distance between this listing and this school2.70 miles
Public Charter Grades KG-8
Nearby Schools
4
/10
Royal Palm Beach Community High School
10600 Okeechobee Blvd
Distance between this listing and this school2.28 miles
Public Magnet Grades 9-12
7
/10
Wellington Community High School
2101 Greenview Shores Blvd
Distance between this listing and this school3.97 miles
Public Magnet Grades 9-12
1
/10
Turning Points Academy
1950 N Benoist Farms Rd
Distance between this listing and this school4.83 miles
The neighbors living near this home have an average income of $90,965. Residents of Loxahatchee Groves, FL typically earn between $35k-100k each year. The most common type of family is married, no kids. Most residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 12900 Okeechobee Blvd
What is the listing price of this property?
The listing price of 12900 Okeechobee Blvd property is $7,500,000.
What type of property is this?
The property 12900 Okeechobee Blvd is land located in Loxahatchee Groves, Florida, 33470.
Is this property for sale now?
Active Listing: 12900 Okeechobee Blvd is For Sale (Active/New) which means the seller is accepting offers.
Interested in 12900 Okeechobee Blvd? Let's connect.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 12900 Okeechobee Blvd in Loxahatchee Groves, FL and zip code 33470. It has been listed on Rocket Homes since October 04, 2019 and is currently priced at $7,500,000.
While more than 0 listings in Loxahatchee Groves, FL in October 2024 were sold above asking price, there were more than 0 listings sold at asking price, and more than 1 were sold below. The number of listings in Loxahatchee Groves, FL increased by 16% between September 2024 and October 2024. The median list price of listings available in October 2024 was $690,000, while the average time on the real estate market was 146 days.
From Rocket Homes Real Estate and based on county public records data.
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2024 BeachesMLS, Inc. 
NASCAR
NASCAR
Soccer
PGA/LPGA
Dick's Sporting Goods
Old Navy
Stein Mart
Arbys
Jimmy Johns
Bob Evans
GMC
Lincoln
Lexus
Adult Hits
New Country
News/Talk/Information